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Cadeler A/S Expands Loan Facility for Growth

Cadeler A/S Sponsored ADR (CDLR) has released an update.

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Cadeler A/S, a leader in offshore wind installation, has bolstered its financial health by adding EUR 45 million to its Green Corporate Loan Facility, now totaling EUR 125 million in committed funds. This strategic financial move, facilitated by HSBC and Standard Chartered, enhances Cadeler’s ability to finance its wind turbine installation projects and grasp market opportunities. The company emphasizes its commitment to sustainable energy and its role in powering the renewable energy transition.

For further insights into CDLR stock, check out TipRanks’ Stock Analysis page.

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